Reddit, Inc. (RDDT)
Underlying price
$148.91-4.11% today
Stock stats
- Market cap
- $29.8B
- Previous close
- $155.29
- Open
- $154.15
- Day's range
- $148.80 – $156.37
- 52-week range
- $119.27 – $263.49
- Volume
- 2.06M
- Avg volume
- 4.67M
- P/E ratio
- 35.32
About Reddit, Inc.
Reddit is a social media platform where users can engage in conversations, explore, and create communities centered around their interests. Founded in 2005 by Steve Huffman and Alexis Ohanian, Reddit has evolved into a vast network of user-generated content organized into specialized forums known as "subreddits." The platform's unique community-driven model relies on volunteer moderators to manage content and maintain subreddit guidelines. Reddit generates revenue primarily through advertising and data licensing agreements.
- Ticker
- RDDT
- Asset class
- Equity
- Tokenized by
- 2 issuers
- Sector
- Technology
- Industry
- Services-Computer Processing & Data Preparation
- Employees
- 2,555
- Website
- reddit.com
Reddit, Inc. FAQ
RDDT is Reddit, Inc. stock, issued on Solana as a token that tracks the listed share. Each issuer mints its own version, so Reddit, Inc. trades here as 2 tokens rather than one.
Token prices are designed to track Reddit, Inc.'s listed shares, but they can differ because of issuer terms, liquidity, market hours, and trading activity.
Backpack and Ondo issue the tokenized Reddit, Inc. markets shown on Jupiter. Each issuer controls its own token and settlement terms.
Trading availability depends on the issuer token and its market. Open an issuer's token page to check current liquidity and trading status.
Use the Market swap on this page. Select the RDDT token in the swap to choose an issuer. Connect your wallet, choose the token you want to pay with, and enter an amount. Review the swap details before you submit, then confirm in your wallet when prompted. A swap requires an available trading route. Issuer terms and restrictions apply.
Dividend treatment depends on the token issuer. A dividend paid on Reddit, Inc.'s listed shares does not guarantee a cash payment to token holders. Review each issuer's terms for how dividends and other corporate actions are handled.